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Aiwa Digital provide a complete suite of business-oriented, Blockchain apps that fit right into your budget. Our cost-effective approach to develop solutions has enabled us to help clients to make big savings in investment in technologies. Visit: http://www.blockchaindevelopment.ae/
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Is Ethereum better than Bitcoin By Aiwa Digital Dubai
What is Ethereum Blockchain? Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications.
What is Bitcoin ? • Bitcoin is a cryptocurrency, or a digital currency, that uses rules of cryptography for regulation and generation of units of currency. • Bitcoin falls under the scope of cryptocurrency and was the first and most valuable among them. • It is commonly called a decentralised digital currency
Bitcoin has a lower coin supply and is more liquid than Ethereum, but Ethereum has better technology and provides more uses than Bitcoin does. That’s not to say that these other alternatives are better than Ethereum. It just means that because they are more similar to Bitcoin, one of them may be the best Bitcoin alternative.
Which has the better technology? • Ethereum uses smart contracts. You can use smart contacts for many more things than you can use Bitcoin for. • The Ethereum’s blockchain was released in 2015. • Ethereum’s blockchain is a further advanced version of Bitcoin’s blockchain. • Ethereum’s transaction fees are cheaper than Bitcoin transaction fees. • Not only do the transactions cost less, but as I stated earlier, they’re much quicker too.
Can Bitcoin and Ethereum live side by side? Here are some examples from everyday life: • Tradable just as all other cryptocurrencies are. • Mining Ethereum vs Bitcoin has become a much closer competition. • Businesses are using it to pay their staff. • Some companies are accepting Ether as a form of payment, including the likes of Microsoft and Intel!
Aiwa Digital provide a complete suite of business-oriented, Blockchain apps that fit right into your budget. • Our cost-effective approach to develop solutions has enabled us to help clients to make big savings in investment in technologies.
Blockchain Development Company Dubai Call: +971 2 6507 032 Email: info@blockchaindevelopment.ae Visit: http://www.blockchaindevelopment.ae/